Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by brs02 10 years, 1 month ago
    Isn't "crony-capitalism" just a polite way of saying fascism?
    The Economist: "The number of public companies has dropped dramatically in the Anglo-Saxon world—by 38% since 1997 in America and by 48% in Britain's main markets. The number of initial public offerings (IPOs) in America dropped from an average of 311 a year in 1980-2000 to just 81 in 2011 (chart 2)."
    Reply | Mark as read | Best of... | Permalink  
    • Posted by dbhalling 10 years, 1 month ago
      A point I make in my book "The Decline and Fall of the American Entrepreneur" and KH and I make in our novel "Pendulum of Justice."

      Securities laws have always been a way of restraining entrepreneurs and inventors.
      Reply | Mark as read | Parent | Best of... | Permalink  
  • Posted by kyllacon 10 years, 1 month ago
    We don't have capitalism in this country. Capitalism requires free markets and we don't have those either. What we have is an ever growing government the picks economic winners and losers instead of refereeing the game with honor and integrity.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by overmanwarrior 10 years, 1 month ago
    That is interesting. They are clearly stepping over the line. They run a search engine and email service. All their data collection, including Google Earth, are attempts to micromanage society in a new way without understanding the true nature of production. They are still looking at money and resources as though are finite. That just isn't the case.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by TexanSolar 10 years, 1 month ago
    True capitalism does not exist. What we have is crony capitalism which is controlled and manipulated by the government.
    Our representative form of government has been destroyed by the crony capitalists that bribe our politicians so that they can achieve advantage over the companies that do not bribe the government officials.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by mminnick 10 years, 1 month ago
    Neither gentlemen quoted seem to be true capitalists. They seem more like the I've got mine, type. True capitalists don't talk about income inequality, thay talk about how everybody can get more in a capitalist society.
    I agree with khalling's statement: Some Capitalist! Since I didn't hear her say it, I don't know if sarcasm was included in the speaking of it. The sarcasm flag was flying full out in mine.
    Reply | Mark as read | Best of... | Permalink  
    • Posted by khalling 10 years, 1 month ago
      did you read the article I posted? an Obamaite and there is evidence he manipulated his own search engine in Obama's favor in the last election. worse than crony...doesn't matter-I fully expect the administration to turn on Google-anti-trust or some such-the hand that feeds you bites too
      Reply | Mark as read | Parent | Best of... | Permalink  
  • Posted by $ MikeMarotta 10 years, 1 month ago
    I am sorry, Scott, but thumbs down for this. Eric Schmidt does NOT have good credentials. He is some kind of Bilderberger Illuminati controller. Read his biography... then read his father's... He inherited the family business.
    "The influential head of Google, Eric Schmidt, has called for civilian drone technology to be regulated, warning about privacy and security concerns. Cheap miniature versions of the unmanned aircraft used by militaries could fall into the wrong hands, he told the UK's Guardian newspaper. Quarrelling neighbours, he suggested, might end up buzzing each other with private surveillance drones. He also warned of the risk of terrorists using the new technology. Mr Schmidt is believed to have close relations with US President Barack Obama, whom he advises on matters of science and technology.” -- BBC Technology News here Touted on Slashdot here
    http://tech.slashdot.org/story/13/04/13/...
    from my blog "Drones are Everywhere" here:
    http://necessaryfacts.blogspot.com/2013/...

    Schmidt earned his doctorate figuring out how to control people online.
    His father, Wilson Schmidt of the World Bank here:
    http://www.presidency.ucsb.edu/ws/?pid=4...
    (He died too young - age 54 - in a nightclub fire.)
    Reply | Mark as read | Best of... | Permalink  
  • Posted by $ CBJ 10 years, 1 month ago
    The word "capitalism" has too many different meanings to be useful as an ideological identifier. The term "free market" has a lot less baggage and cannot be corrupted by adding adjectives such as "crony".
    Reply | Mark as read | Best of... | Permalink  
    • Posted by TexanSolar 10 years, 1 month ago
      There is no such thing as a free market! Trade is controlled by the government to give advantage to the companies that suck-up to the government.
      Our Federal government has become an evil entity devoid of honor. Successful Corporations are those that play the game and bribe our elected Representatives. They have an obligation to their stockholders ( the people ) to do so.We have the best government that money can buy!!
      Reply | Mark as read | Parent | Best of... | Permalink  
      • Posted by $ CBJ 10 years, 1 month ago
        I was referring to "free market" as an ideological identifier, not as a currently existing system of trade. By Rand's definition, capitalism does not currently exist as an operational system either.
        Reply | Mark as read | Parent | Best of... | Permalink  
      • Posted by dbhalling 10 years, 1 month ago
        Has become. This country was founded on the idea that you own yourself and you therefor own that which you create. That is real free trade.
        Reply | Mark as read | Parent | Best of... | Permalink  
        • Posted by Bobhummel 10 years, 1 month ago
          Self-interest, rightly understood and pursued is the correct way to reconcile individual interest and the Plato's Republic "noble lie" of political duty. Socrates addressed the primal flaw, that cities needed fierce guardians to protect them from foreign enemies, but were left with no one to protect the cities from the guardians. Now we are left with no one to protect us from the government.
          "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard for their own interests."- Adams Smith in the Wealth of Nations. Free trade is in jeopardy when those who produce are relegated to the a slave class, to work until they perish. Free trade prospers when individuals set the price for goods and services.
          Reply | Mark as read | Parent | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo